Monero Price Reaches $310.76 (XMR)

Monero (XMR) traded 3.6% lower against the dollar during the one day period ending at 9:00 AM E.T. on June 25th. Over the last week, Monero has traded down 5.2% against the dollar. One Monero coin can currently be purchased for about $310.76 or 0.00508318 BTC on major cryptocurrency exchanges. Monero has a total market cap of $5.83 billion and $131.45 million worth of Monero was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Arweave (AR) traded 5.5% lower against the dollar and now trades at $1.89 or 0.00003087 BTC.
• Bitcoin (BTC) traded down 0.3% against the dollar and now trades at $61,134.66 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.4% lower against the dollar and now trades at $0.0759 or 0.00000124 BTC.
• UNUS SED LEO (LEO) traded 0.8% lower against the dollar and now trades at $9.45 or 0.00015458 BTC.
• Zcash (ZEC) traded 1.2% lower against the dollar and now trades at $412.25 or 0.00674324 BTC.
• Bitcoin Cash (BCH) traded 0.9% higher against the dollar and now trades at $194.69 or 0.00318463 BTC.
• Litecoin (LTC) traded down 1.9% against the dollar and now trades at $41.34 or 0.00067623 BTC.
• Ethereum Classic (ETC) traded 0.5% higher against the dollar and now trades at $7.05 or 0.00011540 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded down 3.9% against the dollar and now trades at $0.0439 or 0.00000072 BTC.

Monero Profile

Monero is a proof-of-work (PoW) coin that uses the RandomX hashing algorithm. Its launch date was April 18th, 2014. Monero’s total supply is 18,769,580 coins. The Reddit community for Monero is https://reddit.com/r/monero and the currency’s Github account can be viewed here. The official website for Monero is www.getmonero.org. Monero’s official Twitter account is @monero and its Facebook page is accessible here. The official message board for Monero is forum.getmonero.org.

According to CryptoCompare, “Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Monero uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity. Monero is is private by default. Units of Monero cannot be blacklisted by vendors or exchanges due to their association in previous transactions. Blockchain data provided by: Blockchair (Main Source), LocalMonero (Backup), and WhatToMine (Block Time only)Telegram, Facebook, BitcoinTalk, GitHub, RedditWhitepaper”

Monero Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Monero directly using US dollars. Investors seeking to trade Monero should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Monero using one of the aforementioned exchanges.

XMR/USD price chart by TradingView